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Halliburton ( (HAL) ) has provided an announcement.
On January 22, 2025, Halliburton announced its financial results for the fourth quarter of 2024, reporting a net income of $615 million and revenue of $5.6 billion. While there was a slight decrease in revenue compared to the previous quarter, the company maintained strong cash flow and continued to return value to shareholders through share repurchases and dividends. The company highlighted its technological advancements and expansion into new markets, including opening new facilities in Namibia. The announcement reflects Halliburton’s strategic focus on enhancing its technological portfolio and operational capacity, reinforcing its market position despite regional challenges.
More about Halliburton
Halliburton Company is a leader in the oilfield services industry, providing products and services for the energy sector. The company focuses on drilling technology, unconventionals, well intervention, and artificial lift, aiming to drive value through these growth engines.
YTD Price Performance: 6.49%
Average Trading Volume: 9,520,878
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $25.94B
For an in-depth examination of HAL stock, go to TipRanks’ Stock Analysis page.
